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The Hidden Cost of Taking a 401(k) Loan: Borrower’s Remorse – TIME

loans - Google News Jun 19th, 2014 Loans.



The Hidden Cost of Taking a 401(k) Loan: Borrower's Remorse
TIME
Nearly one-third of Americans say they have taken a loan from their retirement plan, according to a study by TIAA-CREF, a retirement plan administrator. Many borrowed for urgent reasons: 46% used the money to pay off debt and 35% cited a financial ...

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